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The Latest Breaking News from Economy

Why India’s 7.7% GDP Growth Matters More Than You Think

When economies across the world are struggling with uncertainty, India has delivered a powerful surprise. The latest GDP figures show the country growing at 7.7% during FY 2025-26, beating expectations and reinforcing its position as a global growth leader. Prime Minister Narendra Modi described the achievement as evidence of India's…

MyLifeXP · Jun 6

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AAP · Jun 5

Ex-Google CEO is key to Ukraine's most formidable drone weapon to date - $5000 Hornet can carry 5Kg of explosives on a 200Km, one-way trip

Eric Schmidt, former Google chief executive, drives drone projects behind Ukraine’s Hornet, shifting warfare toward low-cost swarm strike economics.

TechRadar · Jun 5

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Bangkok Post · Jun 5

Renewables key to Asia prosperity

As the war in the Strait of Hormuz continues to create havoc, Asia remains the worst hit by the global energy crisis. Whether it's a large economy like Japan or China, or a struggling economy like Sri Lanka or Pakistan, the same fate holds. Even nations that produce oil, like…

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AAP · Jun 5

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The Economic Times · Jun 5

S&P 500 could end 9-week winning streak, Dow and Nasdaq fall - here are reasons why US stock market is down today June 5

S&P 500, Dow and Nasdaq down today: Wall Street ended the week in the red as a robust US jobs report fueled fears of prolonged high interest rates. Tech stocks, especially semiconductors, bore the brunt of the sell-off. Investors are now seeking refuge in defensive sectors, while global shipping and…

The Economic Times · Jun 5

India's 7.7 pc GDP growth in FY26 shows foundation of economy is strong, says PM Modi

India's economy shows a strong foundation with 7.7 percent GDP growth for fiscal 2025-26. Prime Minister Narendra Modi stated India is the world's fastest-growing major economy. He emphasized collective citizen efforts in managing global turmoil. Development projects worth Rs 2,970 crore were launched in Daman. Modi assured continued fast-paced progress…

The Economic Times · Jun 5

FY26 growth higher than anticipated, shows India's resilience: MoSPI Secretary

India's GDP growth of 7.7 per cent in FY2025-26 came in higher than anticipated in the Second Advance Estimates (SAE), reflecting the resilience and robustness of the Indian economy despite global headwinds, Secretary, Ministry of Statistics and Programme Implementation (MoSPI), Saurabh Garg said.

The Guardian - UK · Jun 5

Britain is a swamp of lies and disinformation – and we got here on the Brexit bus

Ten years after the vote, our economy is battered – and our national conversation darkens by the day. Still, there is reason for hope, says Guardian columnist Jonathan Freedland

The Conversation · Jun 5

Green growth claims are overstated – our study shows three reasons why

A holy grail of environmental policy is an economy that delivers prosperity without requiring the ever-increasing consumption of raw materials.

The Economic Times · Jun 5

Can Elon Musk do to US telecom what Mukesh Ambani did in India?

Elon Musk's Starlink is poised to disrupt American telecom giants like AT&T and Verizon. Analysts believe Starlink could change how connectivity is delivered and who controls it. SpaceX's satellite internet service is evolving into a mainstream platform. This shift could accelerate declines in subscriber growth and revenue for traditional operators.

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